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Re: PashkaVl post# 214228

Tuesday, 02/11/2020 10:06:06 AM

Tuesday, February 11, 2020 10:06:06 AM

Post# of 330276
Pashka, The Beauty of the OEM Business Plan is that BIEL's Partners, that have their own Legal Departments, can make the decisions on issues like NSAIDS advertising.

BIEL supplies the Devices and Advertising, Distribution, Returns, Customer Service, Country Regulatory Issues, ect., is all handled by the partner. BIEL just provides a reliable supply of Devices.

With Deep Pocket Distribution Partners like Mundipharma BIEL has more responsibilities but the Distribution Partner still handles Advertising, Country Regulatory Issues, Distribution Level Shipping,and Customer Service.

With a Licensing Deal like Dr. Scholl's BIEL has a stream of income without even manufacturing a Device.